You’ve probably heard it many times before: financial management in the home is primarily about effective budgeting and wisely using the resources you already have.
But we hear from a lot of families who tell us they don’t have a budgeting problem, they have an income problem. They aren’t living extravagantly or beyond their means, but they’re still barely getting by and have nothing extra left over to bless others.
Recent survey data shows that almost 60 percent of families with children under the age of 18 in the home have parents who both work outside the home.